The Ministry of Economic Affairs and Digital Transformation (Ministerio de Asuntos Económicos y Transformación Digital) has launched a second public consultation on the upcoming B2B e-invoicing mandate to improve citizens’ participation in the norm-elaboration process before its development. Based on the feedback received, the Government will develop and approve the regulatory framework that is
Direct-to-consumer (DtC) alcohol shippers are no strangers to navigating a complex regulatory landscape. However, recently, a new challenge has emerged—the rise of retail delivery fees. From excise taxes to shipping restrictions, the industry has long dealt with a maze of state-specific rules that require careful attention and precise compliance. Read
The latest issue of the UAE Official Gazette includes amendments to national VAT law (the Federal Decree-Law No. (8) of 2017 regarding Value Added Tax (VAT)). These changes are driven by the upcoming e-invoice mandate in the country. This is the first time that the VAT law in the country
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When considering motor insurance, it’s worth remembering that everything is high – from tax rates to the amount of administration required. This blog includes general information about the taxation of motor insurance policies in Europe, covering the types of applicable taxes, how they are calculated, vehicle exemptions and more. We
On 20th February the law introducing mandatory B2B e-invoicing in Belgium was published in the Official Gazette, available here. This means that starting from 1 January 2026, VAT-registered taxpayers established in Belgium will be required to issue and receive structured e-invoices, while non-established foreign taxpayers with a VAT-registration in Belgium
As 2023 comes to a close, now is a great time to review the regulatory changes that impacted the beverage alcohol industry this year. From California’s bottle bill to the direct-to-consumer (DtC) shipping legal battles that occurred around the country, a lot has happened this year. These updates were covered
During our recent “Spooky Season Tax Updates” webinar, we discussed the most important changes that will affect filers in the upcoming tax reporting season. From a lowered e-filing threshold to Transmitter Control Code (TCC) requirements, the implications of changing IRS and state government reporting rules and regulations can be tricky
As a business, complying with local laws, rules and mandates is not optional, but a requirement to operate. Achieving this takes resources: human, technical and financial. All things that everyone would rather allocate to attracting new customers and growing their business. At Sovos, we get it. The situation The world
The beverage alcohol industry might no longer be strictly viewed as a “boys’ club,” but there are a minority of women leading organizations in the space. However, the number of women-led wineries, breweries and distilleries is on the rise, which – as we’ll explain – is likely a very positive
Online wine marketplaces are a way for consumers to purchase many of their favorite brands with a few clicks, and often enjoy discounted or included shipping to boot. But state regulators are starting to take note of their shipping practices. States like Ohio are arguing that these web shops are
The EU’s VAT in the Digital Age (ViDA) Package contains a wide range of proposals with far-reaching impacts. One of the areas impacted by these proposals is the VAT treatment of call-off stock. What is call-off stock? Call-Off stock is used to describe an arrangement where a seller ships goods
The European Commission, as part of its VAT in the Digital Age project (ViDA), is proposing to modify reverse charge rules for non-established suppliers. These rules are currently optional for Member States, which has resulted in patchwork application across the EU. The modifications are intended to harmonize these rules across
Presented by Ellen Michel, Product Manager at Sovos Submitting a complete and accurate sales tax return involves many steps and can require gathering information from different departments within an organization. From compiling transaction data to evaluating which returns are needed for a given filing period, the reporting process can take
The European Commission (EC) published its council implementing decision proposal authorizing Germany to introduce mandatory e-invoicing derogating from the VAT Directive, 2006/112/EC. Germany requested authorization to derogate from Articles 218 and 232 of the VAT Directive to be able to impose mandatory electronic invoicing for domestic B2B transactions in Germany,
The Spanish government has published the much-anticipated draft regulation with the framework for implementing mandatory B2B e-invoicing. The proposed legislation outlines the operation of the Spanish e-invoicing system. Its main feature is the reliance on the principles of interoperability of e-invoice formats and interconnectivity of e-invoicing platforms. The goal is
Your Definitive Guide to Sales Tax and Economic Nexus Organizations must understand the impact of evolving sales tax nexus rules. As states continue to make adjustments to their sales tax regulation, it’s essential for companies to understand what they must do to stay compliant. This guide will help businesses: Better
Submitting a complete and accurate sales tax return involves many steps and can require gathering information from different departments within an organization. From compiling transaction data to evaluating which returns are needed for a given filing period, the reporting process can take up to 25% of a finance team’s time.